PRESS: BoE chief economist says rate hikes needed to achieve ‘balance’

Bank of England Chief Economist Huw Pill conceded raising interest rates in the fight against inflation will slow economic growth, but maintained it is required...

Wed, 10/08/2022 - 21:44


IN BRIEF: TransGlobe quarterly earnings boosted by higher oil price

TransGlobe Energy Corp - Calgary, Canada-based oil explorer and producer - Says second quarter sales average 12,609 barrels of oil equivalent per day at average...

Wed, 10/08/2022 - 19:14


IN BRIEF: Develop North net asset value slips over half-year

Develop North PLC - formerly known as TOC Property Backed Lending Trust PLC - Net asset value total return 0.2% in six months to May...

Wed, 10/08/2022 - 19:12


IN BRIEF: Power Metal begins phase one programme at Athabasca Basin

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - Says phase one work programme now underway at...

Wed, 10/08/2022 - 17:58


IN BRIEF: Coats plans capital raise to fund Rhenoflex acquisition

Coats Group PLC - Uxbridge, England-based industrial thread maker - Agrees to buy Rhenoflex GmbH, a maker of sustainable structural materials for the footwear industry,...

Wed, 10/08/2022 - 17:38


UK chancellor to ask energy bosses to help customers cope with bills

The UK Chancellor Nadhim Zahawi has claimed he will challenge energy bosses to do more to help their customers cope with soaring prices at a...

Wed, 10/08/2022 - 17:26


LONDON MARKET CLOSE: Stocks lifted as US CPI lower than expected

Stocks in London closed in the green on Wednesday, as cooling US inflation data reduced the likelihood of aggressive rate hikes by the Federal Reserve...

Wed, 10/08/2022 - 17:09


UK earnings, trading statements calendar - next 7 days

...
Thursday 11 August 
Antofagasta PLCHalf Year Results
Arix Bioscience PLCHalf Year Results
Capital & Regional PLCHalf Year Results
Card

Wed, 10/08/2022 - 15:51


IN BRIEF: Greenroc loss widens; targets higher Amitsoq JORC Resource

GreenRoc Mining PLC - London-based miner focused mineral projects in Greenland - In the first half ended May 31, records no revenue as pretax loss...

Wed, 10/08/2022 - 15:47


IN BRIEF: Investec Chief Executive Fani Titi sells 248,915 shares

Investec PLC and Ltd - Anglo-South African financial services company - Chief Executive Fani Titi sells 248,915 shares at an average 4.56 pence each on...

Wed, 10/08/2022 - 15:35


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